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tonight. keep up the great work. we end this broadcast tonight not knowing where mitt romney stands on health care. that's the hitch. i'm ed shultz. the rachel maddow starts right now. >>> this is the logo of the china offshore oil corporation. it's kind of cool right? i like to call this cnooc. as you can tell, the logo is kind of a pick to graph e ex-planing what they do. it's supposed to be an oil derrick and the c is the platform that it's sitting on. the whole thing is in blue water because they are an offshore oil company. this chinese company is a huge company. it's almost entirely owned by the chinese government. in 2005, they tried to take over an oil company based in california. so big chinese, state-run company trying to take over a california company. this is the chinese government, a big business deal like that actually does have national security implications for us as a country. that's the kind of international business deal that's subject to review by something called the committee on foreign investments in the united states. a big committee that reviews this stuff.
room." >>> happening now, just two days before the first obama/romney debate and our new cnn national poll shows the president's lost, lost his post-convention bounce. but there's a different story in the battleground states. >>> mitt romney could make a huge impact on the supreme court. how he could change the direction of the court for decades. >>> they make $10 a day to put their lives on the line. but they could lose their job ifs they don't lose some weight. i'm wolf blitzer. you're in "the situation room." >>> we're now just 36 days from the presidential election and nationally our brand-new cnn/orc poll of likely voters shows the race between president obama and governor romney remaining up for grabs. the president leads 50% to 47%. but his three-point margin is within the poll's sampling error. our chief national correspondent john king is in denver getting ready for the debate over there. that's the site of the debate. john, take us into these numbers. what are you seeing? >> reporter: well, wolf, i can tell you this, talking to senior officials in the romney campaign, they b
be getting tougher for gop challenger mitt romney. first to iowa. president obama is 49% to mitt romney's 5%. >>> and from the columbia dispatch--this has surrogates from both parties sangled today over who's better equipped to guide the economy over the next four years. >> the president hay has created 4 million new manufacturing jobs. he says he's going to reduce the debt. doesn't say how' goegsing to do it. let's be fair here, governor romney has laid out a vision and a direction for this country. let's hold the president to the same standard as well. >> first of all, we have a deficit plan, it's got health care savings. romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. he's got a 5 trilli$5 trillion. -- another $2 trillion in defense spending. >> just three days into the first presidential debate, meanwhile mitt romney is off to the trail. we have two reports, we begin with nbc's peter alexander, he's with the romney campaign in boston, with a good morning to you, peter. what are you hearing about all the debate preps today. he o'clock n
's something important like football, well, look for the union label, america. barack obama and mitt romney and paul ryan have all seen fit to weigh in on this one football game from monday, on the referees issue. all three men saying that the green bay packers deserve to win that game. the packers got robbed. so even as the packers' agony crossed over into national politics this week, i still have to say that it remains true that the single west political green bay packers moment in history, the best moment of all time in the overlap that exists between the green bay packers and politics is still this moment. >> there are 30 teams, but only one packer organization, and that is the greatest football organization ever in america's history. there are only 187 days before training camp. and 360 days before we go back to miami! whereas the packers are america's real team, and we'll always be winners in the hearts and minds of the people of wisconsin, therefore i, tommy thompson, governor of the great state of wisconsin, do hereby proclaim january 27th, 1998, all over wisconsin, green bay packer
this hour, nbc news learned a short time ago that mitt romney is running through a full mock debate this afternoon at an event center in boston conducted under the lights. it's something of a dress rehearsal for wednesday in denver. ohio republican senator rob portman playing the role of president obama. mitt romney attended church with his family earlier today. meanwhile, the president will be hold agriculturally this evening in las vegas, nevada, with three days until the first debate between president obama and mitt romney, both campaigns are kicking the expectations game into high gear. here's david plouffe on "meet the press" this morning. >> we have expected all along that governor romney will have a good night. he's prepared more than any candidate in history and he's shown himself to be a good debater through the years. >> joining me now, ann murray, a romney campaign surrogate, former communications director for governor tim pawlenty's presidential campaign. anne marie, good afternoon to you. so now governor romney at his campaign headquarters today for some debate prep. we
, the surreptitiously filmed mitt romney aressg wealthy republican donors in florida and telling them how no good and horrible half the country was, if that was the image of the week last week, then this would surely have to qualify as t image of the week this week. touchdown? no touchdo? touchdown? oh, no! right? the big nfl referee's scandal thing. the green bay packers getting totally robbed of a win on monday night football. that image from this week has crossed ov now from being just a sports story to beg an ica story. it's now even an american politics story. yesterday the republican governor of wisconsin, scott walker, who of course is most famous for stripping union rights in his state, scott walker actually came out in vor of bringing back the union refs tthe nfl. witboomng that doesn't matter much like education, screw the unions. but when it's something important like football, well, look for the union label, america. barack obama and mitt romney and paul ryan have all seen fit to weigh in on this one football game from monday, on the refere issue. alren ngt the green bay packers deser
and mitt romney both in the key state of virginia yesterday. you can all relax because everything, once again is all right with the world. those good regular union refs are back on the job. they came out last night for the ravens/browns game up in baltimore. no more lingerie league rejects out on the field. how about it. okay. that and a whole lot more here on today's "full court press." but first the latest, today's current news update from lisa ferguson in los angeles. good morning. >> hey bill, good morning everyone. mitt romney is all over the map again today with a rally in pennsylvania and then a fund-raiser in massachusetts. his campaign has another $5 million after last night's fund-raiser in d.c. where romney explained his five steps to take america back. the first of which is to produce more oil and natural gas. >> romney: we have the capacity if we can take advantage of it and we build that pipeline from canada that we will do if i have to do it myself. >> other steps include promoting trade and putting s
to action at the u.n. and yes there is also news in the search for jimmy hoffa. >>> first, mitt romney is venturing out of the swing states today. romney is in pennsylvania trying to pluck that state from the grasp of president barack obama. 39 days until the election. pennsylvania is one of the states that is leaning toward the president, but romney is predicting an upset. >> i've got a little secret here, that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania, we're going to take the white house. >> well, wolf blitzer with us now. so, you know, from washington, wolf, we have seen romney confine his campaign to the nine battleground states. why is he now taking a shot at this state, pennsylvania, which clearly seems to be leaning obama? >> according to the public polls, obama is doing really well in pennsylvania. maybe he's got some private polls that he's doing inside his campaign that shows some other trends developing in pennsylvania. i haven't seen any public po
. the government says it underreported the number of jobsesident obama and mitt romney may be adjusting the stump speeches. we'll explain next. as part of a heart healthy diet. true. ...but you still hy,ve to go s ♪ [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ ♪ [ male announcer ] now you can swipe... scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. 't worry. we haven't forgotten e revs ] the all-new cadillac xts has arrived [ male announcer ] if you thin when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up
that the romney campaign is spending any campaign money advertising in pennsylvania. if they are, it is really not much. but as i say, maybe there is something that his campaign knows that we don't yet know becae righnow it looks like obama is doing really, really well innsylnia. and the surrounding new jersey, new york, or maryland for that matter. i roey doeshave a sho viouslin some of the other states like ohio, not that far away, but pennlvania looks like a long shot. he w doing som fd-raising there earlier today, had a rally in pennsylvania, but see if this is serious, this notion that he p has a shot pennsylvani it would be a amatic shift. >> wow,e h,wolf, a lot of s real turning ich begi wednesday in denver. no we also have received this memo fm a romney senior adviser that mes it sounas though romney is the underdog. let me read a portion o now. saying president obama is uniquely gifteead is widely regarded as one of the most talented political communicators in mdern hitory. this will be the eighth one on one presidential debate of his political career. for mitt romney, it will be his
's going to have the best zingers. >> you will. >> i don't know about that. president romney is a good debater. >> that is in response to reports that romney is prepping and plans on taking jabs at the president. obama spokeswoman is saying don't expect the president to fire any blows and he looks forward to continuing his conversation with the american people. the president is traveling with a prep team, david axelrod anita dunn and senator john kerry. kerry is playing romney during the mock debates with the president. the team is hunkering down to get the president ready. romney is campaigning in denver today with a stop with the wings over the rockies museum. paul ryan is at a rally in iowa. early voting in iowa is now underway. a washington post poll out this morning shows 63% of registered voters expect president obama to win reelection and a washington times zombie poll has the president with a pretty good lead. more coming up after the break. stay with us. you're about to watch an ad message created by a current tv viewer for capella university. matter. education is the key. it
's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he's not going to go line by line as much as you'd like him to do through the budget. but let's hold the president to the same standard and criticize him as well. >>> good morning, it is monday, october 1st. it's october, everybody. welcome to "morning joe." >> yeah, you know who's glad september's over? >> who? >> the jets. holy cow! >> i thought you were going to say mitt romney. with us on set, we have msnbc and "time" senior political editor mark halperin and national affairs editor for "new york" magazine john heilemann. guys. hi, willie. >> hello. >> it's not as bad as being a red sox fan, but if you're a jets fan right now, holy cow! tebow's like, you know, he's getting ready. >> he should have been ready. i don't know why they kept sanchez in the whole game. 103 yards, less than 50% passing, one interception and frankly wasn't close. it was a strange thing to watch. >> it was absolutely brutal. and then, of course, the yankees, man. that playoff race. >> o
in this race, mitt romney would have to get double john mccain's margin of 18 points among the white working class in this election. that's youth turnout doesn't change among minority's despite the shifts in eligible voters. if this does get realize, let's say minority vote share goes up by couple of points, 26% as was in 2008 to 28% in 2012, and again if the white college graduate and minority support stays about the same, it means mitt romney would have to get north of 40-point margin among white working-class voters to actually win the election, to win the popular vote. so let's take look at where we are now based on a reasonable came out. it's the gold standard for polls. a pew research center. no one else -- no offense to anyone else in the room who has april. they really do it right. it's pretty reliable stuff. they give you a lot of interesting demographic breaks tradition as among likely voters that obama is leading now by eight points. if you look at the average of the national polls as a bit high relative to the average. the average has been running about four-point. if you look at
's margin in 2008. seventy-two among hispanics and it is not that far off. also 22 for romney. what it means is that the idea that obama could get 80% of the minority again it's actually quite plausible based on this and other data. that looks like what it's going to get to. if he doesn't get 80, he will get 7 meters 79. as you can see by the right-hand figures, obama is actually doing better -- which is actually somewhat better than he did in 2000 and one he lost them by 18 points. remember what we said about the outlandishly large margin that mitt romney needs to be with white working-class voters. he is not anywhere close. that is the bottom line. this is true across many polls. you might see a margin of 20 points for mitt romney or a margin of 22 points. nowhere do you see the outside margin that he really needs to win the election. given how he appears to be holding support and then some of college graduate voters so that is where we are now in the national picture. as we know, these elections that we choose to have in the united states are not decided by the popular vote. instead, we h
is their headline. romney campaign seeks to portray tough and nice image. obama team aims to avoid a gaffe. they write -- host: back to the phones. linda on our line for democrats, calling from florida this morning. go ahead, linda. caller: i believe in a one-party system. i think that one of the problems we've got is they had 380-something filibusters. let them filibuster, but let them bring their counts when they do. that's the big problem with the filibuster today. as far as obama being too nice, you're a very nice person, and thank you for handling c-span. host: well, thank you very much, linda. but i am not the president of the united states, so we're going to move on to curtis on our line for republicans, calling from virginia this morning. go ahead, curtis. caller: yeah, i believe in one-party control in congress if it's a republican. if it's not, i don't want to see the democrats in control. i think they got way too extreme and the reason they don't compromise as much -- i feel it's all the democrats' fault. host: let me refer you to a tweet that we have from gary. gary says divide
today. >> the first debate the turn presidential candidates mitt romney and president barack obama is next wednesday, october october 3rd. the university of denver. watch and engage with c-span, including a live debate preview starting at 7:00 p.m. eastern fall by the domestic policy debate at 9:00 p.m. post debate reactions and comments. calls, e-mails, and tweets. follow our live coverage on c-span, c-span radio and on line at c-span.org. >> presidential debates next wednesday live on c-span, c-span radio, and on line at c-span.org. watch ending dates. pass >> on washington journal tomorrow morning and look at the issue of foreign policy in this year's campaign. our guest is nicholas burt, former undersecretary of state for political affairs. political science professor at norfolk state university will focus on the role of virginia in the election and a history of the african-american vote in virginia. we will also be joined by editor in chief of the washington monthly to discuss recent articles in the magazine examining the consumer financial protection bureau. live on c-span ev
it very difficult for romney to put together a coalition that can take the state. colorado has been fairly close so again obama mabey looks like a fairy or four-point lead on average read a lot of demographic change. you can see the minority eligible voters have gone up by three percentage points and working-class voters in 2008 have gone down by three percentage points. again it doesn't appear that romney is able to turn the demographics tie in his favor. he's not doing much better among the white working-class voters according to the polls i've seen. he's made some progress on the outside margin that obama got 14 points in 2008 among the college graduate voters but he's not making nearly enough voters to take the state and if you break it down geographically the denver metro area is about half the vote in the state but that looks very similar in the polling data as it did in 2008. finally, the poster child for demographic change in the united states and how it's been shifted pretty rapidly over time as the great state of nevada. obama is running ahead of though not nearly as far as he di
refs back on the field. >>> candidate clash, president obama and mitt romney nearly cross paths as they campaign in key battleground states. >>> and under the sea. google takes its virtual street view to incredible new depths. captions paid for by nbc-universal television >>> hello, and good morning. welcome to our viewers across the nation, including the pacific time zone. i'm lynn berry. >>> and today we begin with game on. late last night the nfl reached a tentative deal with its referees and that ended this season's lockout. anger over the use of replacement refs spilled over after monday night's contest between the green bay packers and the seattle seahawks. the fill-in refs awarded a game-winning touchdown to seattle, though many felt the packers had made an interception. two days of marathon labor negotiations followed. the refs still have to vote on the deal, but commissioner roger goodell has lifted the lockout just in time for tonight's match-up between the cleveland browns and baltimore ravens. nbc's fred roggin will have few details coming up in just a few minutes in
and pennsylvania, you can't be happy about that if you're mitt romney, can you? >> no. and this is why democrats -- this is why incumbents and especially democrats have pushed for these early voting, that they really want it because it cuts into the time for mitt romney, in this case, to challenge the democratic incumbent, to come in and try to knock him down a peg. this is really a question about turnout. the people who are likely to be early voters are unlikely to be persuadable voters. if you care enough about politics that you're willing to go down to the county courthouse six weeks in advance, you're probably not drift anything the wind. but the key here, again, is that it gives democrats who struggle on person-by-person turnout versus republicans more time to load up vans, get people down to the courthouse -- megyn: question for you before i let you go, do we know how people, when we get to november 6th, are we going to get to know where they stand? >> no. but what we will get, you'll come pack and see us, on election night you'll get a big count at the beginning. in some states county-by-
's solve this. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. ♪ ♪ and the flowers and the trees all laugh when you walk by ♪ ♪ and the neighbors' kids... what does being true to yourself have to do with being healthy? everything. ♪ but you're not ♪ you're the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one, one, one ♪ the one ♪ one, one, one... >
that is already under way in some states as president oe obama and mitt romney try to hammer home their message. >>> police seize marijuana plants during a massive raid. almost every home in the neighborhood was involved in growing the marijuana. police descended on that neighborhood yesterday. the marijuana plants have an estimated street value of more than 2-1/2 million dollars. they say agents arrested 15 people on a variety of drug related charges. >>> authorities say they have three suspects in custody tonight in connection with the smash and grab robbery of a newark store. the suspects were among four armed robbers who stormed zenna jewelers. the robbers opened fire in the shop, used their weapons to smash display cases and fled with a duffel bag full of stolen goods. raymond jefferson of san francisco and two teenagers from oakland and hayward are now in custody. a fourth robber remains at large. >>> we want to bring you the latest now on that san francisco firefighter who we've been following as she fights breast cancer. we're told now that janet neves rivera underwent a double mastecto
under way in some states as president oe obama and mitt romney try to hammer home their message. >>> police seize marijuana plants during a massive raid. almost every home in the neighborhood was involved in growing the marijuana. police descended on that neighborhood yesterday. the marijuana plants have an estimated street value of more than 2-1/2 million dollars. they say agents arrested 15 people on a variety of drug related charges. >>> authorities say they have three suspects in custody tonight in connection with the smash and grab robbery of a newark store. the suspects were among four armed robbers who stormed zenna jewelers. the robbers opened fire in the shop, used their weapons to smash display cases and fled with a duffel bag full of stolen goods. raymond jefferson of san francisco and two teenagers from oakland and hayward are now in custody. a fourth robber remains at large. >>> we want to bring you the latest now on that san francisco firefighter who we've been following as she fights breast cancer. we're told now that janet neves rivera underwent a double mastecto
and mitt romney are about to come face to face in the first presidential debate. just four days away, both obama and romney are practicing this weekend while their campaigns are presenting each candidate as the underdog. paul is in the battleground state of new hampshire. >> hey, fred. as running mate paul ryan makes the rounds on the campaign trail both here in new hampshire and ohio, his boss mitt romney is hunkering down, getting ready for the debate on wednesday, the first presidential showdown between him and president barack obama. romney spending a lot of this weekend in debate preparation. the same thing for the president. he's off the campaign trail today, tomorrow he does go out to nevada, but he's spending a lot of this weekend, we believe, behind closed doors getting ready. meanwhile, both campaigns are playing the expectations game, trying to lower the bar for their candidates. even the candidates themselves are doing it. take a listen to mitt romney recently on the campaign trail. >> he's president of the united states, he's a very effective speaker. >> he's a very eloquent s
trail both here in new hampshire and ohio, his boss mitt romney is hunkering down, getting ready for the debate on wednesday, the first presidential showdown between him and president barack obama. romney spending a lot of this weekend in debate preparation. the same thing for the president. he's off the campaign trail today, tomorrow he does go out to nevada, but he's spending a lot of this weekend, we believe, behind closed doors getting ready. meanwhile, both campaigns are playing the expectations game, trying to lower the bar for their candidates. even the candidates themselves are doing it. take a listen to mitt romney recently on the campaign trail. >> he's president of the united states, he's a very effective speaker. >> he's a very eloquent speaker, and so i'm sure in the debates, as last time in his debates with senator mccain, he'll be very eloquent. >> it's not only mitt romney and his campaign playing the game. so is the obama campaign. >> what history tells us, that challengers normally win the first debate. just by the fact that they're standing on the stage with th
. memo wednesday, president obama and mitt romney meet in their first presidential debate -- >> wednesday, president obama and money in the first presidential debate, hosted by jim lehrer from "the newshour." follow our live coverage on c- span radio and online at c- span.org. >> they just tell you the news straight up. there's no ads. that is arguably the biggest reason. i am a firm believer that the c- span video archives are truly a gift to the american people. it is arguably one of the most historical -- i would say one of the most historical archives there are. i primarily watch the "washington journal," the house of representatives proceedings, and c-span2 for the u.s. senate. >> jake young watches c-span. c-span -- created by america's cable companies in 1979, brought to you as a public service by your television provider. >> 3 political cartoonist presented some of their favorite works over the past year during and even recently hosted by the newseum in washington. they talk about which presidential candidate they would like to draw for the next four years and discuss how the medi
romney speaking of the clinton global initiative in new york was in the traditional form of american aid economic assistance are outdated in the global economy and what is really needed is trade. he has proposed a new trade organization. regardless of the specific proposal he had, what about this question of -- what exact forms of assistance are helpful? economic grants, loans, technical assistance? are we talking about free trade agreement, investment? what kind of engagement are most likely to help and descanting democracies bring about the kind of economic progress that is likely to buttress the political transition and allow them to move forward? >> during my time as secretary, we always recognize that trade is more important than aid. anything we can do to enhance trade. the principal duty of our embassies was to see if they could complete trade deals between companies in american markets over there and companies there and market here in the united states. so trade is essential. i would focus as much energy as i could on trade. at the same time, there are things you have to do befor
your vote" just 43 days before the final vote. and mitt romney working to pull his campaign out of a september slump as president obama with politics here in new york. jake tapper is here this morning. jake, the candidates were combative on "60 minutes." >> that's right, george, they're entering a new phase, the debate phase of the campaign. so right now, with the first debate coming up a week from wednesday, the candidates are looking for any edge to knock the other on his heels. >> reporter: mitt romney barn-storming battlegrounds, colorado, ohio and virginia, trying to regain momentum lost after a tough week on the trail. on the campaign plane overnight, romney was asked why he was trailing in so many battleground states. >> i think that the president's campaign has focused its advertising, in many cases, on very inaccurate portrayals of my positions. he's trying to fool people into thinking that i think things i don't. that ends, i think, during the debate. >> reporter: when he lands in ohio, tuesday, a brand-new tv ad from the obama campaign will greet him, assailing the re
affairs. both he and republican rival mitt romney speak at the clinton global initiative's annual meeting today in nearly back-to-back speeches. hot topics for both. the u.s. response to anti-american protests across the muslim world, and we'll have more on this coming up. >>> now let's head to wall street and cnbc's courtney reagan at the new york stock exchange. do tell us more about the global bacon shortage on the way because al is very concerned this morning. he can't function. >> reporter: as are a number of others. this could be very true. if you're a bacon lover, start hoarding it now. according to britain's national pig association, a worldwide shortage of pork and bacon next year is unavoidable. it's a result of the drought that hit much of the country this year which damaged the crops used to feed the pigs, so the group predicts that the number of slaughtered pigs could fall by 10% in the second half of next year, and that could cause prices to double in some areas. natalie? >> start stocking up now. courtney reagan, thanks. >>> what better way to show a little school spirit th
, president obama and mitt romney campaign in the same state. the president promoted a new plan for jobs promotion in virginia beach while romney focused on the debt in springfield. >> california voters will consider to measures to raise taxes for education. which one is better for schools? >> is hard to say which one is exactly better for schools because it depends on what your view of what works best in government. do you think should handle the money, who do you trust and how much you want to pay? let's compare proposition 38 and 30 >> guarantees politicians cannot touch it >> proposition 38 is waging a new campaign to funnel billions to our schools. attorney molly maunder is the biggest backer spending $20 million of art. she says the money will not go to the general fund but directly to the schools k through 12 and to early childhood programs. >> the money in 38 for the schools is barricaded from sacramento >> prop. 38 would raise the income taxes for almost anyone on a sliding scale. $75,000, you pay $1,082. 150,000, shell out 2700 in taxes and this will last for 12 years >> govern
one of the roughest couple of weeks, mitt romney's campaign is focused on jump starting the defense and economic message with many republicans pressing him to sharpen his tone. looking to restore confidence in his campaign, a defiantly optimistic mitt romney rallied supporters under the lights in denver late sunday >> i need your help. we have got to stand together. we have got to work together. we're taking back america. we must keep this nation the hope of the earth. >> reporter: earlier romney refused to concede he's an underdog in a series of battleground states and accused the president of distorting his positions. >> i'm did not going to try to fool people into making people think things he doesn't. he's trying to fool people to make them believe i think things that i don't. >> reporter: privately romney and the president have been preparing for the debates, the first here in denver next week, but publicly the two campaigns are trying to lower expectations, even complimenting their opponent's debate skills. for his part on "60 minutes" president obama defended his record, whil
end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to follow-up on that, which plan, do you think it's problematic for the economy at this point to have taxes
, mitt romney, speak at the clinton global initiative annual meeting also today. in nearly back-to-back speeches. hot topics for both, the u.s. response to anti-american protests across the muslim world. and we'll have more on this coming up. >>> now let's head to wall street and cnbc's courtney reagan is at the new york stock exchange. tell us more about the global bacon shortage on the way. al is very concerned this morning. he can't function. >> as are a number of others. this could be true, if you're a bacon lover, you better start hoarding it now. according to britain's national pig association, a worldwide shortage of pork and bacon next year is unavoidable. it's a result of the drought that hit much of the country this year. which damaged the crops used to feed the pigs. so the group predicts that the number of slaughtered pigs could fall by 10% in the second half of next year, and that could cause prices to double in some areas. natalie, back to you. >> stocking up now. courtney reagan, thanks. >>> what better way to show a little school spirit than to boogie down. the o
politics. president obama and mitt romney will be campaigning in virginia today as romney looks to repair the damage from that 47% comment that was recorded at a fundraiser. peter alexander is with the romney camp in springfield this morning. peter, good morning to you. >> reporter: savannah, good morning to you. when it comes to the battlegrounds, there are three, florida, ohio, and virginia, both mitt romney and the president held dueling events in ohio on wednesday. today, they are both here in virginia. another state where romney is trailing in the polls. >> reporter: campaigning in ohio wednesday, both president obama and mitt romney were keenly aware of the buckeye state's place in history. no republican has won the white house without it. romney went out of his way to show his compassionate side greeting world war ii veterans and courting working class families. >> these are tough times even for families with jobs. i know what it takes to get this economy going again. i care about the people of america. >> reporter: it's a delivered effort, analysts say, with a tv ad designed to sh
class. >> reporter: while mitt romney talked with veterans about looming cuts to the military in the northern part of the state. >> 136,000 jobs will be lost in virginia as a result of this move. >> reporter: the candidates will spend time this weekend preparing for next week's debate ahead of the faceoff in denver both campaigns seem to be trying to lower expectations. >> we are looking forward to the debates as you know, and there have been difficulties. you have to give the president some credit for the campaign they're running. >> reporter: romney's staff issued a talking points memo telling surrogates to point out how well president obama has done in past debates. >> as president i'm going to have to make some tough decisions. >> reporter: the obama campaign issued a statement pointing out the president hasn't debated since 2008. >> 10,000 bucks? >> reporter: while governor romney got some practice in during the primaries. obama campaign spokesman says the worst-case scenario is if the president falls off the stage. susan mcginnis, cbs news, washington. >>> we told you ea
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